Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of 18.10% is in line with its 5-year average of 19.84%, near the low end of its 5-year range (12.83%–56.93%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.44% below its 12-month average of 19.35%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 18.10%.
RETURN ON INVESTED CAPITAL (ROIC)
18.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
19.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
22.61%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
19.84%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
16.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
13.10%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
13.40%
CURRENT VS TTM AVG
-6.44%
CURRENT VS 3Y AVG
-19.92%
CURRENT VS 5Y AVG
-8.75%
CURRENT VS 10Y AVG
+7.67%
CURRENT VS 15Y AVG
+38.18%
CURRENT VS 20Y AVG
+35.07%
SECTOR MEDIAN · CONSUMER CYCLICAL
10.97%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+64.95%
vs the sector median at left
Crocs, Inc.
Market Cap
$5.97B
Return on Invested Capital (ROIC)
18.10%
TTM Avg
19.35%
3Y Avg
22.61%
5Y Avg
19.84%
Market Cap
$5.97B
Return on Invested Capital (ROIC)
5.62%
TTM Avg
6.91%
3Y Avg
8.54%
5Y Avg
8.63%
Market Cap
$5.99B
Return on Invested Capital (ROIC)
8.28%
TTM Avg
6.23%
3Y Avg
5.01%
5Y Avg
8.15%
Market Cap
$6.05B
Return on Invested Capital (ROIC)
20.97%
TTM Avg
22.98%
3Y Avg
20.90%
5Y Avg
16.22%
Market Cap
$6.13B
Return on Invested Capital (ROIC)
5.41%
TTM Avg
5.06%
3Y Avg
-0.33%
5Y Avg
-3.66%
Market Cap
$6.53B
Return on Invested Capital (ROIC)
8.01%
TTM Avg
9.10%
3Y Avg
3.40%
5Y Avg
-3.91%
Market Cap
$5.12B
Return on Invested Capital (ROIC)
7.19%
TTM Avg
5.48%
3Y Avg
4.37%
5Y Avg
4.22%
Market Cap
$4.95B
Return on Invested Capital (ROIC)
9.74%
TTM Avg
8.22%
3Y Avg
8.38%
5Y Avg
7.13%
Market Cap
$7.13B
Return on Invested Capital (ROIC)
20.66%
TTM Avg
13.77%
3Y Avg
2.20%
5Y Avg
7.34%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Crocs, Inc. (CROX) | $5.97B | 18.10% | 19.35% | 22.61% | 19.84% |
| LKQ Corporation (LKQ)vs › | $5.97B | 5.62% | 6.91% | 8.54% | 8.63% |
| Macy's, Inc. (M)vs › | $5.99B | 8.28% | 6.23% | 5.01% | 8.15% |
| Abercrombie & Fitch Co. (ANF)vs › | $6.05B | 20.97% | 22.98% | 20.90% | 16.22% |
| CAVA Group, Inc. (CAVA)vs › | $6.13B | 5.41% | 5.06% | -0.33% | -3.66% |
| Norwegian Cruise Line Holdings Ltd. (NCLH)vs › | $6.53B | 8.01% | 9.10% | 3.40% | -3.91% |
| The Cheesecake Factory Incorporated (CAKE)vs › | $5.12B | 7.19% | 5.48% | 4.37% | 4.22% |
| Vail Resorts, Inc. (MTN)vs › | $4.95B | 9.74% | 8.22% | 8.38% | 7.13% |
| Etsy, Inc. (ETSY)vs › | $7.13B | 20.66% | 13.77% | 2.20% | 7.34% |
| Mohawk Industries, Inc. (MHK)vs › | $7.39B | 4.46% | 4.39% | 1.85% | 3.49% |
ROIC
18.1%
ROE
42.9%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | 18.10% |
| 2026-03-31 | 12.83% |
| 2025-12-31 | 14.05% |
| 2025-09-30 | 25.49% |
| 2025-06-30 | 26.27% |
| 2025-03-31 | 22.95% |
| 2024-12-31 | 24.68% |
| 2024-09-30 | 23.17% |
| 2024-06-30 | 22.86% |
| 2024-03-31 | 22.01% |
| 2023-12-31 | 23.26% |
| 2023-09-30 | 20.11% |
| 2023-06-30 | 19.78% |
| 2023-03-31 | 18.15% |
| 2022-12-31 | 16.22% |
| 2022-09-30 | 15.65% |
| 2022-06-30 | 14.65% |
| 2022-03-31 | 16.87% |
| 2021-12-31 | 56.93% |
| 2021-09-30 | 40.81% |
| 2021-06-30 | 39.42% |
| 2021-03-31 | 29.31% |
| 2020-12-31 | 24.49% |
| 2020-09-30 | 27.48% |
| 2020-06-30 | 20.04% |
| 2020-03-31 | 17.66% |
| 2019-12-31 | 24.27% |
| 2019-09-30 | 19.13% |
| 2019-06-30 | 13.48% |
| 2019-03-31 | 11.69% |
| 2018-12-31 | 17.13% |
| 2018-09-30 | 8.81% |
| 2018-06-30 | 6.70% |
| 2018-03-31 | 3.96% |
| 2017-12-31 | 2.52% |
| 2017-09-30 | 1.00% |
| 2017-06-30 | 0.49% |
| 2017-03-31 | -1.10% |
| 2016-12-31 | -1.47% |
| 2016-09-30 | -6.73% |
| 2016-06-30 | -10.75% |
| 2016-03-31 | -11.90% |
| 2015-12-31 | -16.23% |
| 2015-09-30 | -13.39% |
| 2015-06-30 | -8.22% |
| 2015-03-31 | -3.94% |
| 2014-12-31 | -0.72% |
| 2014-09-30 | 1.18% |
| 2014-06-30 | 2.18% |
| 2014-03-31 | 2.66% |
| 2013-12-31 | 5.00% |
| 2013-09-30 | 10.08% |
| 2013-06-30 | 14.95% |
| 2013-03-31 | 18.95% |
| 2012-12-31 | 19.35% |
| 2012-09-30 | 20.46% |
| 2012-06-30 | 19.43% |
| 2012-03-31 | 19.59% |
| 2011-12-31 | 20.23% |
| 2011-09-30 | 20.44% |
| 2011-06-30 | 20.52% |
| 2011-03-31 | 18.84% |
| 2010-12-31 | 16.42% |
| 2010-09-30 | 12.82% |
| 2010-06-30 | 11.95% |
| 2010-03-31 | -6.02% |
| 2009-12-31 | -16.02% |
| 2009-09-30 | -24.50% |
| 2009-06-30 | -71.12% |
| 2009-03-31 | -63.38% |
| 2008-12-31 | -54.59% |
| 2008-09-30 | -25.19% |
| 2008-06-30 | 17.33% |
| 2008-03-31 | 26.35% |
| 2007-12-31 | 35.63% |
| 2007-09-30 | 35.05% |
| 2007-06-30 | 35.08% |
| 2007-03-31 | 31.73% |
| 2006-12-31 | 29.97% |
| 2006-09-30 | 26.07% |
| 2006-06-30 | 20.50% |
